Man Group (OTCMKTS:MNGPF) Upgraded at Canaccord Genuity Group

Canaccord Genuity Group upgraded shares of Man Group (OTCMKTS:MNGPF) from a sell rating to a buy rating in a report released on Wednesday morning.

Several other analysts also recently issued reports on MNGPF. UBS Group downgraded Man Group from a “buy” rating to a “neutral” rating in a research note on Wednesday, October 23rd. Canaccord Genuity Group raised Man Group from a “sell” rating to a “buy” rating in a research note on Wednesday. Finally, Deutsche Bank Aktiengesellschaft raised Man Group from a “hold” rating to a “buy” rating in a research note on Wednesday, October 2nd.

Man Group Price Performance

Shares of MNGPF opened at $2.65 on Wednesday. The business’s 50 day moving average is $2.66 and its 200 day moving average is $2.87. Man Group has a 12-month low of $2.55 and a 12-month high of $3.55.

Man Group Company Profile

Man Group Limited is a publicly owned investment manager. The firm provides long-only and alternative investment management services worldwide. It offers a range of liquid investment products and solutions, which include quantitative, multi-manager and discretionary investment styles, and span across various asset classes, like equity, real estate, currency, credit, volatility, and commodities.